Institution for Savings

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Institution for Savings
2 Depot Square,
Ipswich, MA 01938
Phone:(978) 356-3600
Fax(978) 356-1176
Toll Free (800) 661-7752

The bank's strong and well-deserved reputation as a community-minded bank, is due in large part to its employees, Officers and Trustees who are active in their respective communities. Additionally, the Institution for Savings Charitable Foundation was launched in 1997 as a way to guarantee for future generations the charitable giving that had been the bank's hallmark since 1820. In the last three years, the Charitable Foundation donated more than $2.1 million to community organizations and causes, including a landmark $500,000 donation to the Newburyport Education Foundation in 2005 to restore the science laboratories at the Rupert Nock Middle School in Newburyport. This donation was the largest ever for the Foundation and believed to be the largest private donation to any public school in the region.

The Institution for Savings offers a full menu of personal and commercial financial products and services for individuals, businesses and organizations, including deposit accounts, lending services, Internet Banking and Bill Pay, retirement accounts, and investment services through 1820 Investment Services, launched in 2004.